"His replacement will be announced shortly".
Britain's finance ministry declined to comment on the FT report, but said finance minister Philip Hammond has argued that the EU's existing equivalence system would not work for Britain.
Britain and the European Union hope to reach broad agreement by October so the national parliaments of the remaining countries can ratify a deal before Britain leaves.
U.S. tariffs on Chinese imports to take effect
It also is rooted in the clash between American notions of free trade and Beijing's state-led development model. It's also bigger than the $506 billion of goods that the United States imported from China a year ago .
Brexiteer ministers are this afternoon, I'm told, still trying to get "edits" to the final White Paper, the souped-up version of the Chequers plan.
The departures raise the stakes for May, who believed that she had secured a hard-won agreement with her deeply divided cabinet of ministers on Friday to keep the closest possible trading ties with the EU.
A handful of ministers below cabinet level have also quit in protest and, amid claims No 10 has taken control of the process and marginalised the Brexit department, there has been talk of other resignations unless the government rethinks its plans. "The trouble is that I have practised the words over the weekend and find they stick in the throat", he wrote to May.
Soon after his appointment, Hunt said he would be standing "four square" behind the prime minister "so that we can get through an agreement with the European Union based on what was agreed by the Cabinet last week at Chequers".
The 1922 Committee of backbenchers of the Tory party needs 48 MPs who will support a vote of no confidence to trigger a vote in the Conservative Party against May's continued leadership. Past year reports emerged that Davis said he meant to "retire" in 2019 and leave the transitional period of Britain's exit from the European Union to Boris Johnson, something later dismissed as a "lighthearted remark".
Trump says Russia's Putin "a competitor" ahead of Helsinki talks
Macron said he and Trump "just discussed" the issue and said "we work together". Trump responded, using Germany as an example. And it can't be explained", Trump said.
Boris's resignation letter is scathing.
The aim is to keep European Union rules on goods to protect complex manufacturing supply chains, using technology to levy its own duties on UK-bound products from outside the bloc, while diverging on services.
May appointed staunchly pro-Brexit lawmaker Dominic Raab as the country's new Brexit secretary.Many pro-Brexit lawmakers were furious at what they saw as a sell-out of the clean Brexit they desire. Three junior ministers also quit their posts.
Just 30% of Britons think Theresa May is the best Conservative to lead Brexit negotiations, with 44% saying someone else within the party would be better suited, and 26% answered that they don't know.
Writing in the Daily Telegraph she said Mrs May's plan was "catastrophically bad" and a "disaster for the Conservative Party".
Thai cave rescue sees four more boys freed
During this process, rescuers need to hold the boys' oxygen tanks in front of them and swim pencil-like through submerged holes. Chiang Rai governor Narongsak Osotthanakorn said at a press conference on Monday that the effort would involve the same divers.
Trump suggested that his upcoming meeting with Russian president Vladimir Putin could be easier than his trip to Europe to see North Atlantic Treaty Organisation leaders and Mrs May.